Electric cars overtake diesel in Romania

3 years ago

Electric and hybrid cars are gaining ground in Romania, as the segment represented over 20% of all new cars sold…

Polish auto industry posts record numbers

3 years ago

The Polish automotive industry grew by over 21.5% last year to hit an all-time high of EUR 39.7bn, Gazeta Wyborcza…

Hungary blocks EU’s Ukraine arms package after Kiev sanctions OTP bank

3 years ago

Hungary has vetoed EUR 500mn worth of arms funding from the EU to Ukraine, Italian media first reported on Monday,…

Economist becomes Slovakia’s first Hungarian-minority PM

3 years ago

Former Slovak Central Bank (NBS) deputy governor Ludovit Odor was sworn in as the country’s interim prime minister this week.…

Romania loosens surplus tax on OMV Petrom

3 years ago

Romanian President Klaus Iohannis promulgated the revised law that lays down a "solidarity contribution" from the “excessive profits” of energy…

Falling energy prices hit MOL’s Q1 figures

3 years ago

Sharply falling energy prices are good news for the population and almost all market segments and the population alike, but…

Czech govt unveils austerity package

3 years ago

The Czech government announced "Czechia in Shape", a new tax package to reduce the state budget deficit on Thursday 11…

Poland’s Orlen losing millions over Russian oil ban

3 years ago

Poland's state-controlled oil company, PKN Orlen, is facing significant losses due to the EU banning Russian crude oil. The company…

EUR 1bn earmarked for Ukraine as EU raises ‘peace facility’ funding limit

3 years ago

The Council of the European Union will send another EUR 1bn in support for ammunition and missiles for Ukraine as…

Hungary gov’t reacts to shrinking retail sector with compulsory price cuts

3 years ago

The purchasing power of salaries in Hungary is falling due to record-high inflation, local business outlet Portfolio reported, citing the…

EU law will fast-track arms making in Europe, von der Leyen announces in Prague

3 years ago

The European Commission (EC) will propose a law to speed up weapons production in Europe, EC President Ursula von der…

Poland to buy UK defence export system after inking all-time record deal

3 years ago

Poland has signed with the UK a GBP 1.9bn export agreement to roll out a British short-range air defence system,…

Czechia, Hungary, Estonia top for employment in CEE – Eurostat report

3 years ago

Estonia had the highest employment rate in Central and Eastern Europe (CEE) of 81.9% in 2022, according to the recently…

EON Polska earmarked 33bn war chest for green projects by 2027 – company president

3 years ago

"There will be more and more renewable energy in Poland and other European countries," E.ON Polska president Andrzej Modzelewski said…

Czechs right to opt out of Ukraine farm ban – analysts

3 years ago

Agriculture Minister Zdenek Nekula is right when he says Czech farmers are overplaying the role of Ukrainian wheat on their…

Poland moves closer to first nuclear plant

3 years ago

Poland's pursuit of nuclear energy took another step forward last week as Polskie Elektrownie Jadrowe (PEJ) applied to the Polish…

Pavel wants Czechs to play key role in Western response to resurgent China

3 years ago

Czech President Petr Pavel called for a "joint and balanced" strategy between the US, Europe, and other democracies to address…

Romania holds out on Ukraine import ban, urges neighbours to wait for EU solution

3 years ago

Romanian Minister of Agriculture Petre Daea expressed solidarity with farmers from Poland, Hungary, Bulgaria and Slovakia – who all unilaterally…

Investment group PPF buys Czech telco Nej.cz in billion-dollar deal

3 years ago

Czechia’s largest investment group PPF has acquired internet and television content provider Nej.cz from billionaire Karel Prazak’s Kaprain group. PPF…

Slovakia sends 13 fighter planes to Ukraine

3 years ago

Slovakia has donated 13 MiG-29 fighter jets to the Ukrainian forces, Slovak state news agency TASR reported on the morning…